Regulatory risk and Related party: Difference between pages

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imported>Doug Williamson
(Create the page. Sources: FRS 8 page, ACT CertFin CT 3.1.1 Tax systems, page 11.)
 
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1. The risk that transactions or business relationships may have unforeseen adverse regulatory consequences.  For example, giving rise to additional costs or to the inability to enforce legal rights.
Related parties are companies or other entities under common control.


2. The risk that the administration of regulatory matters may be more costly - or otherwise more burdensome - than foreseen.


Regulatory risk usually refers to possible future changes in regulations. But it may also arise from misunderstanding of - or inadvertent non-compliance with - existing regulations and practice.


== See also ==
== See also ==
* [[Risk]]
*[[FRS 8]]
*[[Transfer pricing]]
 
*[[Unrelated party]]

Revision as of 08:56, 24 May 2015

Related parties are companies or other entities under common control.


See also

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